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I think reserve not met on ebay is funny!

How often do you see coins sell ony ebay with a reserve price? For example, this auctionl is not even over $1 yet image

Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP

Comments

  • I find reserves to be a waste of money. I start my auctions at what my reserve would be.
  • anyone that would call a ms-63 1880-S Morgan a key coin is in a dream world anyhow. I didnt even know any of them things ever graded below a 65, if I am not mistaken a 69PL is the highest 1880-S PCGS has graded now that would be the "key coin"
    image


  • << <i> anyone that would call a ms-63 1880-S Morgan a key coin is in a dream world anyhow >>

    Ahh, yes, but read the auction more carefully, because

    << <i>THIS COIN IS HIGHLY RE-GRADABLE A MS64 OR MS66 FOR SURE SEE PICTURES >>

    Did you see that it's FOR SURE re-gradable! You can bet that I will FOR SURE bid early, bid often, and bid really, really high.
    image
  • SmokerSmoker Posts: 216
    It will regrade for sure... lower. It's nearly 11 PM, bid is $$23.55 and reserve still not met. If he adds his profit from the $5.65 Standard Flat Rate Shipping Service he should be ahead.
  • KaelasdadKaelasdad Posts: 1,232 ✭✭✭
    I have tried all 3, 99 cent open, reserve and the set opening. The .99 cent drives me nuts and i always think Im going to get screwed, the reserve does about the same thing except you feel like youre wasting everyones time including your own unless it finally sells, and the one i feel most comfortable with is the proper opening price already set--if it sells to just the one bidder, Im good with that, and if more get involved its like free money.
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>I have tried all 3, 99 cent open, reserve and the set opening. The .99 cent drives me nuts and i always think Im going to get screwed, the reserve does about the same thing except you feel like youre wasting everyones time including your own unless it finally sells, and the one i feel most comfortable with is the proper opening price already set--if it sells to just the one bidder, Im good with that, and if more get involved its like free money. >>



    I agree, except I prefer the $0.99 opener - I've always realized the highest prices with that. The trick is to have at least one featured auction to drive traffic...

    I would have been content with the final hammer of $35.99 on that coin, BTW. Lock upgrade? I think not image
  • HTubbsHTubbs Posts: 4,138 ✭✭✭
    Reserves on eBay just drive potential buyers away,I know it does for me...
  • But he's a powerseller, he must know how to run an auction!
    What do you think, Mr. Bigglesworth?
    image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    $36 hasn't met the reserve for a common date 63. At that point, I wouldn't even bother with it because I'd suspect the reserve is set at full retail or above.
  • This auction has everything that could possibly be a turn off for me going on.

    A reserve price, the seller should either start it at their minimum acceptable offer or at least mention the reserve in the listing? The auction gives a brief history of the Morgan Dollar, I rather doubt anyone looking at the coin lacks the education. The seller then tells me that silver is going up, how that fits into the equation on any coin valued above bullion makes little sense?

    From the "DE VIOLINI" estate, my ignorance knows no bounds, but who pray tell was DeViolini? And yet again, the TPG has missed the grade by two grade points? And then to quote values in grades that have nothing to do with the actual grade or value of the coin.

    A so-called bozo auction. A perfect example of what not to do.
    "To know the road ahead, ask those coming back"


  • << <i>A so-called bozo auction. >>

    That is exactly the right term for it. Thirty to thirty-five dollars is exactly where that coin should have sold. Guess this "bozo" was trolling for suckers. Sorry . . . no bites today!
    image
  • RBinTexRBinTex Posts: 4,328
    Reserves are for p*ssies!
  • in the old days ('bout six or seven years ago), putting a reserve on a coin actually used to work from time to time. A lot of times you'd still get some bidding going if you started really low but also had a reserve. Nowdays-- forget it. I recently started off a pretty decent ancient coin around a penny with a reserve, and it got ZERO play! Too much stuff on ebay now for people to play the reserve game i think.

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